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Side-by-side financial comparison of HighPeak Energy, Inc. (HPK) and Strategic Education, Inc. (STRA). Click either name above to swap in a different company.

Strategic Education, Inc. is the larger business by last-quarter revenue ($305.9M vs $216.6M, roughly 1.4× HighPeak Energy, Inc.). Strategic Education, Inc. runs the higher net margin — 10.7% vs -11.6%, a 22.4% gap on every dollar of revenue. On growth, Strategic Education, Inc. posted the faster year-over-year revenue change (0.8% vs -23.3%). Over the past eight quarters, Strategic Education, Inc.'s revenue compounded faster (-1.0% CAGR vs -13.2%).

Duke Energy Corporation is an American electric power and natural gas holding company headquartered in Charlotte, North Carolina. The company serves over 7 million customers in the eastern United States. In 2024 it ranked as the 141st largest company in the United States – its highest-ever placement on the Fortune 500 list.

Strategic Education, Inc. (SEI) is an education services holding company and is formerly known as Strayer Education, Inc. The company owns for-profit, online Capella University and Strayer University, as well as non-degree programs schools such as DevMountain, Hackbright Academy, and Sophia Learning.

HPK vs STRA — Head-to-Head

Bigger by revenue
STRA
STRA
1.4× larger
STRA
$305.9M
$216.6M
HPK
Growing faster (revenue YoY)
STRA
STRA
+24.1% gap
STRA
0.8%
-23.3%
HPK
Higher net margin
STRA
STRA
22.4% more per $
STRA
10.7%
-11.6%
HPK
Faster 2-yr revenue CAGR
STRA
STRA
Annualised
STRA
-1.0%
-13.2%
HPK

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
HPK
HPK
STRA
STRA
Revenue
$216.6M
$305.9M
Net Profit
$-25.2M
$32.8M
Gross Margin
Operating Margin
-7.6%
13.4%
Net Margin
-11.6%
10.7%
Revenue YoY
-23.3%
0.8%
Net Profit YoY
-380.7%
10.3%
EPS (diluted)
$-0.16
$1.48

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
HPK
HPK
STRA
STRA
Q1 26
$305.9M
Q4 25
$216.6M
$323.2M
Q3 25
$188.9M
$319.9M
Q2 25
$200.4M
$321.5M
Q1 25
$257.4M
$303.6M
Q4 24
$282.6M
$311.5M
Q3 24
$271.6M
$306.0M
Q2 24
$275.3M
$312.3M
Net Profit
HPK
HPK
STRA
STRA
Q1 26
$32.8M
Q4 25
$-25.2M
$37.9M
Q3 25
$-18.3M
$26.6M
Q2 25
$26.2M
$32.3M
Q1 25
$36.3M
$29.7M
Q4 24
$9.0M
$25.3M
Q3 24
$49.9M
$27.7M
Q2 24
$29.7M
$29.9M
Operating Margin
HPK
HPK
STRA
STRA
Q1 26
13.4%
Q4 25
-7.6%
16.0%
Q3 25
17.3%
11.6%
Q2 25
21.7%
14.2%
Q1 25
35.1%
13.1%
Q4 24
26.1%
11.6%
Q3 24
27.0%
11.9%
Q2 24
31.7%
13.4%
Net Margin
HPK
HPK
STRA
STRA
Q1 26
10.7%
Q4 25
-11.6%
11.7%
Q3 25
-9.7%
8.3%
Q2 25
13.1%
10.1%
Q1 25
14.1%
9.8%
Q4 24
3.2%
8.1%
Q3 24
18.4%
9.1%
Q2 24
10.8%
9.6%
EPS (diluted)
HPK
HPK
STRA
STRA
Q1 26
$1.48
Q4 25
$-0.16
$1.65
Q3 25
$-0.15
$1.15
Q2 25
$0.19
$1.37
Q1 25
$0.26
$1.24
Q4 24
$0.06
$1.05
Q3 24
$0.35
$1.15
Q2 24
$0.21
$1.24

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HPK
HPK
STRA
STRA
Cash + ST InvestmentsLiquidity on hand
$162.1M
$150.3M
Total DebtLower is stronger
$1.2B
Stockholders' EquityBook value
$1.6B
$1.6B
Total Assets
$3.2B
$2.1B
Debt / EquityLower = less leverage
0.75×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HPK
HPK
STRA
STRA
Q1 26
$150.3M
Q4 25
$162.1M
$148.1M
Q3 25
$164.9M
$172.6M
Q2 25
$21.9M
$164.9M
Q1 25
$51.6M
$182.6M
Q4 24
$86.6M
$184.0M
Q3 24
$135.6M
$222.1M
Q2 24
$157.9M
$256.2M
Total Debt
HPK
HPK
STRA
STRA
Q1 26
Q4 25
$1.2B
Q3 25
$1.2B
Q2 25
$1.0B
Q1 25
$1.0B
Q4 24
$1.0B
Q3 24
$1.1B
Q2 24
$1.1B
Stockholders' Equity
HPK
HPK
STRA
STRA
Q1 26
$1.6B
Q4 25
$1.6B
$1.6B
Q3 25
$1.6B
$1.7B
Q2 25
$1.7B
$1.7B
Q1 25
$1.6B
$1.6B
Q4 24
$1.6B
$1.7B
Q3 24
$1.6B
$1.7B
Q2 24
$1.6B
$1.7B
Total Assets
HPK
HPK
STRA
STRA
Q1 26
$2.1B
Q4 25
$3.2B
$2.0B
Q3 25
$3.2B
$2.1B
Q2 25
$3.1B
$2.1B
Q1 25
$3.1B
$2.1B
Q4 24
$3.1B
$2.0B
Q3 24
$3.1B
$2.2B
Q2 24
$3.1B
$2.2B
Debt / Equity
HPK
HPK
STRA
STRA
Q1 26
Q4 25
0.75×
Q3 25
0.73×
Q2 25
0.62×
Q1 25
0.63×
Q4 24
0.65×
Q3 24
0.67×
Q2 24
0.70×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HPK
HPK
STRA
STRA
Operating Cash FlowLast quarter
$93.1M
$87.4M
Free Cash FlowOCF − Capex
$77.3M
FCF MarginFCF / Revenue
25.3%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
2.66×
TTM Free Cash FlowTrailing 4 quarters
$173.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HPK
HPK
STRA
STRA
Q1 26
$87.4M
Q4 25
$93.1M
$39.2M
Q3 25
$120.2M
$60.1M
Q2 25
$141.2M
$31.2M
Q1 25
$157.1M
$67.7M
Q4 24
$139.5M
$15.9M
Q3 24
$177.1M
$51.5M
Q2 24
$202.3M
$24.3M
Free Cash Flow
HPK
HPK
STRA
STRA
Q1 26
$77.3M
Q4 25
$27.0M
Q3 25
$49.3M
Q2 25
$20.4M
Q1 25
$57.3M
Q4 24
$4.7M
Q3 24
$42.1M
Q2 24
$13.6M
FCF Margin
HPK
HPK
STRA
STRA
Q1 26
25.3%
Q4 25
8.3%
Q3 25
15.4%
Q2 25
6.3%
Q1 25
18.9%
Q4 24
1.5%
Q3 24
13.8%
Q2 24
4.3%
Capex Intensity
HPK
HPK
STRA
STRA
Q1 26
Q4 25
3.8%
Q3 25
3.4%
Q2 25
3.4%
Q1 25
3.4%
Q4 24
3.6%
Q3 24
3.1%
Q2 24
3.4%
Cash Conversion
HPK
HPK
STRA
STRA
Q1 26
2.66×
Q4 25
1.03×
Q3 25
2.26×
Q2 25
5.39×
0.97×
Q1 25
4.32×
2.27×
Q4 24
15.53×
0.63×
Q3 24
3.55×
1.86×
Q2 24
6.81×
0.81×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

HPK
HPK

Crude Oil Sales$152.1M70%
Natural Gas And NGL Sales$60.8M28%

STRA
STRA

U.S. Higher Education$212.6M69%
Australia/New Zealand$51.8M17%
Education Technology Services$41.5M14%

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